Osco Drug Store (Albertson's)
Elkhart, IN
Osco of Ilinois, Inc.
Wholly owned by Albertson's Inc.
Over 2,500 stores nationwide
(Albertson's, Osco, Sav-On, Jewel, etc.)
ABS (Click for Yahoo finance stock info)

1521 Cassopolis (at Bristol)
Elkhart, IN
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Lease Expiry:     2007
Options:             2 x 5 years
Lease Rate:        $205,000 including percentage rent (only $11.08 psf)
Expenses:           Double Net
Cap Rate:           7.00%
Store Sales:        High performing store (confidentiality agreement required before reports released)

18,500 +/- SF Freestanding retail bulding
Concrete block construction with glass storefront

Financing:  Property will be delivered free and clear of debt

Price: $2,725,000 (only $147 psf)
Cap Rate:  7.00%

Click on Photos to Enlarge

Photo 1                        Photo 2                        Photo 3                        Photo 4                        Photo 5

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